CBD pricing stabilizes as hemp planting presses on

The average price of CBD isolate in the U.S remained steady throughout May and was up just 2 percent from lows seen in February 2021. In the U.S., documented acreage licensed for production is down 44 percent YOY as growers are opting to plant [...]

CBD isolate pricing down from January highs

As of Mar. 15, average daily U.S. CBD isolate prices were down nearly 6 percent from the early-January highs, but up almost 6 percent from last October’s all-time lows. Sales of hemp CBD products fell 2 percent in 2020 to about $803 million, but [...]

CBD isolate pricing rises despite drop in sales

As of Dec. 21, average daily U.S. CBD isolate prices were at a five-month high and almost 10 percent higher than they were in October. U.S. sales of food and beverage products containing CBD or hemp were down 75 percent YOY as of early-December, [...]

Europe loosens its stance on CBD as U.S. market grows

Last month, the EU’s high court, the Court of Justice, ruled that CBD derived from the entire hemp plant is not a narcotic per an international drug treaty, allowing the ingredient to be traded freely and legally among member states. The Court has yet [...]

CBD prices continue to drop, favoring consumers

Since March’s onset of shelter-in-place orders, an uptick in consumption may be supporting CBD prices.  In a Brightfield Group survey of 5,000 CBD consumers, nearly 40 percent reported increased use during the pandemic. However, higher consumption seems unable to keep up with the growing [...]

Colombians look to form global cannabis hub

Some investors see great potential for cannabis production and processing in Colombia despite a few regulatory and climactic hurdles. For starters, the equator runs through Colombia, meaning warm temperatures, tropical rains, and long, sunny days, conditions that are perfect for growing cannabis plants, including [...]

Will hemp soon be a viable animal feed option?

Hemp could become a viable feed source for livestock operations in a few years. The Hemp Feed Coalition (HFC), a program of Friends of Hemp, is requesting that the Association of American Feed Control Officials and FDA’s Center for Veterinary Medicine approve the use [...]

Load More Posts